(Via Survival Blog)
Remember that saying? That was before years of Federal Reserve-driven inflation turned a dollar into $0.04. (Don't believe me? Go here, enter the start year as 1913 and the amount as $1.)
These days, smart money is turning itself into "stuff"--precious metals, jewels, classic cars--anything that it thinks will hold value. Before the government confiscates it.
Funny, Mrs. Freeholder and I just had a short discussion earlier this evening on just how much longer we would be maintaining our current cash position....